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c.2022:Encore Fine Properties or Assignees

Great investment opportunity located in a great location with 8 fully-leased apartments and long term tenants. The property has one 4-plex that was built in 2000 and another 4 plex built in 1997 totaling 8 units (7,548 SF). All units are 2bedroom/1bath approximately 940 SF (according to HCAD) with one unit leased at $800 and the remaining units leased at $700 generating $5,700 per month ($68,400 annually). If you are an investor looking to purchase a great income producing property, look no further! This property has been stabilized at 100% occupancy for years with an excellent rental history. Noteworthy, the subject site totals 1 acre with additional space to built more units in the future. Each unit is individually metered. You dont want to miss out on this great opportunity! Call today for information before this property is gone! OWNER FINANCING AVAILABLE!!!!
MLS#: 326516
Price:  $650,000
Baths:  0.00
Sq Ft:  7548 SF
Lot Size:  1.00 acres
Garage:  Garage Fac
Year Built: 2000
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Encore Fine Properties

Bianca Maree

2505 Buddy Owens Blvd
Mcallen, TX | 78504-2270

Direct: (956) 369-2848

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